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IDFC not eligible for bank licence as fgn holding exceeds 50%

Last Updated: Thursday, December 19, 2013, 20:25

IDFC said in a BSE filing that the institution would endeavour to bring down the foreign shareholding to below 50 percent in case it gets bank licence from the RBI.

IDFC sees 20% credit growth this fiscal

Last Updated: Monday, October 29, 2012, 20:29

Lall said the non-banking finance corporation is hopeful of sound growth in profitability in this fiscal.